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Who is brave enough to back Brazil's global tax on billionaires?
- user90131313 2y agoThese random journalist and tax people shoud read and learn more about what happened when very smart tax people tried in Norway and how that end up. Switzerland and many great places exist. They think Swiss will comply because? they will because some small minds suggested it? Randoms can't fix this. Global tax is one of the stupid idea I've ever heard https://reason.com/2023/05/26/wealth-taxes-result-in-rich-people-fleeing-turns-out/ https://reason.com/2023/05/26/wealth-taxes-result-in-rich-pe...
- thelastgallon 2y agoFirst step is to have an exit tax, like US. Then do wealth tax.
- janandonly 2y agoWhat if there was a hard cap? Like $999 million is okay but anything above it will be taxed 100% Anyways; a billionaire is someone who could, with no ill effect to himself, lift thousands out of poverty, but chooses not to do so.